Interesting releases today. If any other 16 cent junior drilled...

Interesting releases today. If any other 16 cent junior drilled that intersection, their share price would have gone up significantly. Look at Talisman and Australian Gold & Copper in recent weeks. Other than the word spectacular, it has been poorly sold. AMI will drill in again in 2025 FY apparently - instead of telling the market they are scouring the eastern side of Australia to get a diamond drill and start follow up exploration tomorrow. This was a free kick and they scored an own goal.

I also didn't fully appreciate that the Nymagee area is one of the wettest parts of the continent. I have yet to read or hear of any other NSW miner whose project has been heavily impacted by rain. It seems Federation has been constructed in a swamp or on some geographic low point.

Anyhow, what they have inadvertantly given is a good entry point for those have the confidence that the never-ending litany of bad luck and bad decisions is finally in the rear view mirror. Buying more shares at this price is going to be a life changing event - one way or another.